SHREVEPORT,La., Sept. 2, 2004 (PRIMEZONE) -- StockPickReport, the web's only non-mainstream stock rating service, rates Sun Microsystems (Nasdaq:SUNW), Applied Materials (Nasdaq:AMAT), Pfizer (NYSE:PFE), and Gap Inc (NYSE:GAP).
STOCKPICKREPORT RATINGS:
Sun Microsystems (Nasdaq:SUNW) -- "Buy" http://www.stockpickreport.com/rating.php?sym=sunw
Applied Materials (Nasdaq:AMAT) -- "Buy" http://www.stockpickreport.com/rating.php?sym=amat
Pfizer (NYSE:PFE) -- "Sell" http://www.stockpickreport.com/rating.php?sym=pfe
Gap Inc (NYSE:GAP) -- "Sell" http://www.stockpickreport.com/rating.php?sym=gap
STOCKPICKREPORT COMMENTARY:
"The market's move today was, nothing short of incredible," said Don Harrold, StockPickReport Co-Founder.
"Incredible, because the move at the close was 'across the board.' It's been a while since so many stocks moved in tandem to close a trading session," added Mr. Harrold
"Stocks are generally 'overbought' at these levels, but when the bull begins to charge, it's best to step back. This market could experience just such a 'Bull Rush,'" concluded Mr. Harrold.
"We think that the 'prudent' investor will ride some of the 'big cap' stocks higher, in this environment," Mr. Harrold said. "For example, Sun Micro (Nasdaq:SUNW), and Applied Materials (Nasdaq:AMAT) both show technical action indicates a continuance of today's stellar market move," remarked Mr. Harrold.
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StockPickReport.Com ranks stocks with technical analysis. These ratings do not indicate a "long term" view. These ratings reflect an opinion for the short term. These ratings may change based on market conditions.
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